UTV Software Communications Ltd has reported a jump of 174 per cent in its FY11 net profit at Rs 137.6 crore. Operating revenues grew 39 per cent to Rs 946.8 crore.
Net profit for the previous fiscal included approximately Rs 27.0 crore as a one-time Deferred Tax benefit. Adjusting for the same, the net profit growth would have been 496 per cent.
For the financial year ended March 31, 2011, the Movies segment saw a 44 per cent growth in revenues at Rs 454.4 crore from Rs 315.4 crore in the same period of last fiscal. The Movies segment contributed 49 per cent of the media and entertainment group’s revenues for FY11. UTV had three releases in Q4 – ‘No One Killed Jessica’, ‘Saat Khoon Maaf’, and ‘Dhobi Ghat’.
The Television segment contributed 38 per cent to the group’s consolidated revenues for the fiscal. This segment reported a 43 per cent increase in revenue to Rs 355.8 crore from Rs 249.0 crore in the same period last fiscal.
Games and interactive segment’s contribution to UTV’s consolidated revenue was 13 per cent. This segment reported an increase of revenues to Rs 120.1 crore from Rs 107.0 crore in the same period last fiscal.
UTV’s operating margins for FY11 stood at 18 per cent, up by 9 per cent, while net margins stood at 15 per cent, up by 8 per cent.
Stuart Bowden talks about purchase journey, the revised version of Cannes Lions, Wavemaker Indiaâ€™s performance and a lot more
Emery says everything that Unilever CMO Keith Weed says has a touch of genius. He also talks about his expectations from Cannes, WPP without Sir Martin Sorrell and his love for Mindshare India.
In an interaction with exchange4media, PC Musthafa, CEO & Co-Founder iD Fresh Food shares how the brand deals with competition and marketing strategies followed by them.
Varun Raina, Marketing Manager, Airbnb India speaks to exchange4media about the successful #LiveThere campaign and how Bollywood helps them connect with its young consumer
The new Ogilvy mantra is about being obsessive about and taking ownership of every aspect of the brand.
Today we have father-daughter duo, Rana Kapoor, Founder, MD & CEO, YES Bank, and Roshini Kapoor, Co- founder of the Three Sisters, talking about family trips and motivational thoughts
Prior to Applause, Cherian was the CMO at Smaaash Entertainment for four years